Case Study: Bank of Ireland achieves €10 million energy cost reduction with ResourceKraft Advisor

Bank of Ireland Uses Advisor to Achieve a €10 Million Energy Cost Reduction

Bank of Ireland faced unmanaged energy costs across a 250‑site estate despite outsourcing facilities management and set a first‑year savings target of €450,000 while pursuing ISO 50001 certification. To gain continuous, auditable visibility of electricity, gas, oil and water use and to reconcile bills and control out‑of‑hours consumption, the bank engaged ResourceKraft and deployed ResourceKraft Advisor.

ResourceKraft implemented 15‑minute interval metering and analytics across utilities, providing empirical, auditable carbon and consumption data and bill reconciliation. ResourceKraft’s solution delivered measurable impact — reported 8–10% energy savings, a 92% ROI in year one, a system that becomes revenue‑positive in year two, and an overall €10 million energy cost reduction while helping Bank of Ireland meet its ISO 50001 objectives.

Bank of Ireland

Bernard Higgins

Group Facilities & Energy Manager